This session will address how to structure life income gifts funded with real estate, with a particular focus on the importance of setting effective donor expectations during the process. We will also discuss the question of who should act as trustee when real estate is used to fund a charitable remainder unitrust and discuss the special issues that arise when the donor is the initial trustee.

About the Speaker

Jeffrey Underwood, Senior Relationship Manager, TIAA Kaspick

Mr. Underwood joined TIAA Kaspick in 2008 from the University of California, Berkeley where he was an Associate Director of Gift Planning. Prior to working at UC Berkeley, he was the Director of Gift Planning at The First Church of Christ, Scientist in Boston. He has over 20 years’ experience in gift planning and served as President of the Planned Givign Group of new England in 2004-2005. He graduated from the American Bankers Association’s National Graduate Trust School, has a BS in Accounting from the University of Missouri – Kansas City, and earned an MBA with honors from Northeastern University. He currently serves on the board of the National Association of Charitable Gift Planners.

Patricia Annino, Partner Rimon PC Patricia M. Annino is a partner in Rimon’s Trust and Estates Group. A nationally recognized authority on estate planning and taxation, Ms. Annino has more than 30 years of experience serving the diverse needs of families, individuals, and owners of closely held businesses. Ms. Annino’s practice includes all aspects of[...]